Sohu.com Limited is a leading Chinese online media and gaming company operating two main divisions: Sohu, which provides advertising and marketing services to multinational and domestic companies through news and video apps and web portals, and Changyou, which develops and operates free-to-play online games across PC and mobile platforms monetized through virtual item sales. The company generates revenue from marketing services—including fixed-price, cost-per-impression, and cost-per-click advertising models—and from online games, particularly its flagship titles based on popular martial arts intellectual property. With operations spanning mainland China and games licensed internationally to Taiwan, Vietnam, and Malaysia, Sohu.com serves multinational advertisers, domestic Chinese companies, and a diverse player base across its digital platforms.